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Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000

In brief

▶Bitcoin Magazine Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 Bloomberg's Mike McGlone warns Bitcoin could drop to $10K, citing ETF exhaustion, stock correlation, Fed rate hikes, and macro headwinds across assets. This post Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 first appeared on Bitcoin Magazine and is written by Patrick Green.

By Patrick Green for Bitcoin MagazineAggregated 12 hours ago0 comments
Image: Bitcoin Magazine

Read the full story at Bitcoin MagazineOpens the publisher’s site in a new tab.

▶Bitcoin Magazine Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 Bloomberg's Mike McGlone warns Bitcoin could drop to $10K, citing ETF exhaustion, stock correlation, Fed rate hikes, and macro headwinds across assets. This post Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 first appeared on Bitcoin Magazine and is written by Patrick Green.

Originally published by Bitcoin Magazine. Read the original article

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